The Pomp Podcast
#589: The World’s Most Profitable Nightclub Starts Accepting Bitcoin - Marc Roberts
- Mark Roberts built a real estate empire spanning over $1 billion in assets, starting from sports management and boxing promotion before pivoting to condo conversions and land assembly in downtown Miami.
- E11even nightclub, located on 11th Street in downtown Miami's Park West district, is the world's most profitable nightclub per square foot and operates 24/7.
- E11even became the first major venue to accept Bitcoin and cryptocurrency payments, initially for table reservations and later for residence purchases.
- A $22 million penthouse sale at E11even Hotel and Residences broke downtown Miami records and was purchased using cryptocurrency.
- The E11even brand is expanding into IP licensing verticals including E11even Vodka (which won double gold at San Francisco tasting), merchandise (hats generating seven figures annually), and planned ventures in cannabis, lingerie, and sunglasses.
- E11even Hotel and Residences sold out in under one month without a sales office, with average unit prices around $1 million and amenities including Deepak Chopra wellness center, Cirque du Soleil shows, and five-star dining.